From Cointelegraph

March 21, 2025 4:30:00 pm:

America’s pro-crypto policy shift gains bipartisan support as Democrats and Republicans aim to regulate stablecoins. ARK Invest CEO Cathie Wood expresses recession concerns, signaling potential for pro-growth policies. US stablecoin bill expected in two months, emphasizing collaboration for dominance in the space. Ethena Labs and Securitize launch Converge blockchain to boost DeFi adoption. Canary Capital files for Sui ETF to expand institutional access to digital assets.

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1. Bitcoin reaches new all-time high of $60,000, driven by interest from institutional investors and increased adoption by mainstream companies like Tesla.

2. Ethereum hits new record high of $2,000 as demand for decentralized finance (DeFi) applications continues to grow.

3. Dogecoin surges over 800% in one week, fueled by social media hype and support from celebrities like Elon Musk.: As crypto booms, recession looms